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Television Broadcasts Limited Board/Management Information 2002

Feb 1, 2002

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YEW SANG HONG (HOLDINGS) LIMITED

耀 生 行 ( 集 團 ) 有 限 公 司*

(Incorporated in the Cayman Islands with limited liability)

ANNOUNCEMENT

The board of directors (the "Board") of Yew Sang Hong (Holdings) Limited ("the Company") announces that Mr. Lam Kwok Cheong was appointed as an independent non-executive director of the Company with effect from 1st February, 2002; and that Mr. Lee Yu Leung was appointed as an executive director of the Company with effect from 1st February, 2002.

The Board also announces that Mr. Yung Kin Sing, Thomas resigned as an executive director of the Company effective from 1st February, 2002.

The Board would like to express their gratitude to Mr. Yung Kin Sing, Thomas for his valuable contribution to the Company during his tenure of service and welcome Mr. Lam Kwok Cheong and Mr. Lee Yu Leung to join the Board.

By Order of the Board

Yew Sang Hong (Holdings) Limited

Lai Sai Sang

Chairman

Hong Kong, 31st January 2002

* For identification only

Please also refer to the published version of this announcement in the Hong Kong i-Mail.